Annual Planning For Success

A Master Class on Annual Planning to Achieve the Results You Want for Your Business in 2024

What you'll learn

What Is Annual Planning and Why It's Important

Understand the Steps in the Annual Planning Process

How to Prepare for Annual Planning

How to Set Goals for Your Annual Plan

How to Develop Strategies for Your Annual Plan

How to Create a Budget That Aligns with the Annual Plan

How to Conduct Plan Review Meetings

How to Use a Scorecard to Track Performance

Requirements

Basic business strategy and financial management skills

Description

Many small business owners don't think about what they want from their business because they get so wrapped up in day-to-day operations and have a tough time working ON their business. Some feel they have lost control of the business and find they aren’t getting the results they want. Planning is a challenge for them, and they don’t know where to turn for help.This Master Class on Annual Planning is for small business owners to help guide them on how to take control of their businesses using a proven planning and management framework.The objectives of this course are:1) Describing what Annual Planning is and Why it’s Important.2) Reviewing the Steps in the Annual Planning Process.3) Providing techniques and tools for Goal Setting and Developing Strategies.4) Reviewing how Annual Planning and Budgeting tie together.5) Demonstrating the importance of the Annual Plan Review Process.By incorporating this Annual Planning framework into the DNA of their organizations, business owners will improve the likelihood of achieving their goals by up to 50% for the coming year by focusing on the critical elements of the Annual Plan and improving overall accountability for activities and results from their teams. Are you ready to achieve the results you want for your business?

Overview

Section 1: Introduction

Lecture 1 Introduction to Annual Planning

Lecture 2 What Is Annual Planning

Lecture 3 Why is Annual Planning Important

Lecture 4 Steps in the Annual Planning Process

Section 2: Preparation for Annual Planning

Lecture 5 Preparation for Annual Planning

Lecture 6 Previous Year Review

Lecture 7 Sample Review Questions

Lecture 8 SWOT Analysis

Section 3: Setting Annual Plan Goals and Developing Strategies

Lecture 9 Goals and Strategies

Lecture 10 Setting Goals

Lecture 11 Developing Strategies to Achieve Your Goals

Lecture 12 Using the Annual Planning Template

Section 4: Annual Budgeting

Lecture 13 How Budgeting Aligns with Your Annual Plan

Lecture 14 Budgeting Tips

Section 5: Annual Plan Reviews

Lecture 15 Monthly and Quarterly Annual Plan Reviews

Lecture 16 Using a Scorecard to Track Performance

Section 6: Wrap Up

Lecture 17 Wrap Up

Small Business Owners and their teams